Don’t view succession planning as picking your retirement date ... Get started, make a plan and put it into action. The most important thing you can do for your business in 2023 is get started ...

Collectors often see their collections as extensions of themselves, which can complicate rational decision-making during ...

The first step is making your farm succession plan a priority because it's about more than just the transfer of assets.

Owners of family businesses are starting to realise they need to empower their children to take over, but need help from ...

Succession and estate planning is difficult and time-consuming ... The asset part is important, as you can assign heirs to each or a plan to sell them. Then from a management perspective, reflect ...

Succession planning is critical to managing and preserving ... and no interruption to business activities, particularly important for large, intricate companies owned by HNIs.

Another important reason to create a succession plan is tax savings. If you die without some kind of plan in place, estate taxes start at 37 percent and ratchet up to a whopping 55 percent fairly ...

A strong succession plan clarifies this person's responsibilities as well as the roles of other family members. It's important for everyone to understand their value. If it is clear a family ...

succession planning, and estate planning, including mentoring, business plans, farm financing, communication skills, and other topics important to the transfer process. Contact Cole Ehmke or John ...

Although a solid succession plan requires many detailed steps, here are six quick, important tips for advisors to consider as they embark on this project: Seriously. If you wait until tomorrow ...

Influence on Succession Planning Succession planning ... The potential red flags highlight the importance of thorough documentation, transparency in reporting, and adherence to the CTA's mandates ...